Author Topic: Confirmed, China sold US Treasuries last week.  (Read 1989 times)

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Offline ghostrider80811

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Confirmed, China sold US Treasuries last week.
« on: October 19, 2011, 03:00:51 AM »
There has been lots of speculation on who sold UST but I have confirmation that it was indeed China.  How do I know this?  I cant tell you.  Dont have to believe me but thought this info was timely and important as this is a shift away from US debt.  Besides sharing is caring  :001_smile: 

"China sold but Japan bought UST.  China Aug Holding of US Treasuries USD1.137trln vs. USD1.1735 trln...but Japan Aug Holding of US Treasuries USD936.6 bln vs. USD914.8 bln"

Selling of USTs is a widely feared possible trigger for a hyperinlationary event on US dollar and bullish on PM thus Chinese Coins.  Would hyperinflation ensue?  Who knows but with enough information one can deduce whats happening.  China is losing confidence on the US GOV ability to pay back its debt.  Yes, it might be nothing too new but this is inside confirmation that its beginning.  Also, could this be tied to the US senate bringing manipulation charges on China?  I would think so...

Underbidder

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Re: Confirmed, China sold US Treasuries last week.
« Reply #1 on: October 19, 2011, 03:06:19 AM »
Great catch.  This is exactly wat some have been watching for.... It may start slowly at first...then watch out.  The Fed will be buying in order to counter any selling.  This could be very big.

Offline ghostrider80811

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Re: Confirmed, China sold US Treasuries last week.
« Reply #2 on: October 19, 2011, 03:20:59 AM »
Great catch.  This is exactly wat some have been watching for.... It may start slowly at first...then watch out.  The Fed will be buying in order to counter any selling.  This could be very big.

Yeah, I learned long ago never to burn ones bridges. 

Offline Panda Halves

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Offline BChung

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Re: Confirmed, China sold US Treasuries last week.
« Reply #4 on: October 20, 2011, 09:26:44 PM »
But the problem is that Beijing have been buying them up though Hong Kong & London which does not show it as theirs. This might be used to ease political pressure as more and more Chinese feel injust for continue spent their money on worthless USD.